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Updated almost 4 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Nhi Pham
  • Rental Property Investor
  • Clarkston, MI
1
Votes |
5
Posts

3 mortgages with 240k, how to get them under LLC?

Nhi Pham
  • Rental Property Investor
  • Clarkston, MI
Posted

Husband and I have 3 homes with 3 mortgages. We're about to rent out our first SFH but are curious about the protection of an LLC. What is the best approach to getting at least 1 home under an LLC? I know that any homes currently with a mortgage would be extremely difficult to be transferred into an LLC. We're in Clarkston, MI. We're both full time professionals with a W2 income. We appreciate any advice. Thank you.

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